SBS World News Radio

With the abandonment of its net-zero policies, and leadership spills in two of Australia's largest states, the Coalition is undergoing a period of major upheaval. So what does that mean for a Westminster democracy which analysts say depends on two different political positions to succeed.

As the academic year ends, thousands of international students are signing on for holiday work. But if things go wrong, experts warn that few understand their legal entitlements or how to recover unpaid wages.

SBS Finance Editor Ricardo Gonçalves speaks with Lochlan Halliday from Morningstar to find out what spooked investors despite Nvidia's better than expected profit and if it's likely to last.

An urgent warning has been issued to international students departing Australia to not sell their bank accounts and ID to criminals. The Australian Federal Police says students are offered 'quick cash' - but accepting it could see them indelibly linked to crime networks.

We know government debt is around $1 trillion, we've heard it's bad for younger generations -- but we don't really know what any of it means. This week, Elfy and Rania chat with Professor Richard Holden from the University of New South Wales about government debt and why it matters.

The contributions of Asian-Australians across all levels of society have been recognised at the annual Asian-Australian Leadership Awards. This year's winners range from a year-12 graduate providing financial literacy education in developing countries, to an internationally acclaimed neurosurgeon. But the spotlight on their success has also highlighted a lack of diversity in leadership positions, known as the 'Bamboo Ceiling'.

The federal government has abruptly abandoned its bid to host the United Nations climate conference next year, conceding Turkiye will oversee the COP31. The Pacific countries and environmental activists have criticised the federal government's failure to bring the event to Adelaide.

SBS Finance Editor Ricardo Gonçalves speaks with Ben Clark from TMS Private Wealth to go through AI chip giant Nvidia's record results and whether this is the turning point the market was looking for.

Trump wipes the slate clean of murder for Mohammed bin Salman because ‘things happen'. The Epstein files move a big step closer to being released and what it's like reporting on the ground in the Democratic Republic of the Congo. Plus, the comment that sent China-Japan relations plummeting.

Indonesia is home to more than 17,000 islands, but its smallest are highly vulnerable to the impacts of climate change. The tiny community of Pari Island is facing multiple climate-induced threats, including to its entire existence.Four people on the island are now trying to launch a landmark legal case against a European cement giant over its historic carbon emissions.

State premiers have come together for an urgent meeting, as tensions rise over reaching a new public hospital funding deal with the federal government. A new report from the Grattan Institute also finds Australia's hospitals are wasting more than $1 billion a year on avoidable spending.

SBS Finance Editor Ricardo Gonçalves speaks with Matt Sherwood from Perpetual about the day's market action including why Nvidia's quarterly results tomorrow may be a turning point; plus Paula Gadsby from EY goes through the latest wages data and what it means for interest rates.

Saudi Crown Prince Mohammed bin Salman, returning to the White House for the first time since the murder of journalist Jamal Khashoggi, has met President Donald Trump at the Oval Office. The two leaders discussed a number of matters including Saudi Arabia investing a trillion US dollars in America for AI Chips, F-35 fighter jets, the Khashoggi assassination and Gaza's reconstruction.

The US Congress has voted overwhelmingly to release the Department of Justice files on disgraced financier and convicted sex offender Jeffrey Epstein. After months of political pressure to release the files, survivors of Epstein's abuse say they hope this can lead to some justice.

As thousands of teenagers celebrate the end of Year 12, they're being reminded of the risks that come with drinking alcohol, especially overseas.The parents and friends of methanol-poisoning victims Bianca Jones and Holly Bowles have joined a new safety push, encouraging young travellers to make safer choices.

SBS Finance Editor Ricardo Gonçalves speaks with David Lane from Ord Minnett about why the ASX200 had its second worst day of the year as $60bn is wiped off the value of the local sharemarket; plus Angelica Waite discusses the rise of scams ahead of Black Friday with the ACCC's Catriona Lowe.

Ultraconservative lawyer Jose Antonio Kast is the favourite to become Chile's next leader, when he and rival Jeanette Jarra head to a second round of presidential elections next month. Neither candidate scored a majority of votes in the first round, triggering a run-off election that is expected to be dominated by votes for Chile's conservative parties.

A national recall for imported coloured play sand contaminated with asbestos has expanded its impact. There are now school closures and remediation efforts across South Australia, the ACT, and Tasmania over concerns about the contamination. Experts suggest the potential for long-term harm depends on the specific type of asbestos found—and whether the sand is free-flowing enough to allow for inhalation.

Bangladesh has entered one of its most volatile political periods in decades after former prime minister Sheikh Hasina was sentenced to death after being convicted over last year's student-led uprising. She strongly rejects the ruling as illegitimate and politically motivated, insisting she was denied a fair trial. The verdict has heightened fears of renewed unrest, deepening political polarisation, and uncertainty over who will lead the Awami League into future elections.

Kaveh Madani warned Iran about water scarcity 20 years ago. He was called a "water terrorist." Now Iran is experiencing an extreme water crisis, its like not seen for more than six decades. Tehran, famous for its surrounding snowy mountains, has had no rain in over 200 days. Its main water sources are in a dire situation; two major dams supplying the capital are at less than 10 per cent capacity. Kaveh Madani is the director of the United Nations University Institute for Water, Environment and Health, and warned of this situation back in the early 2000s, and he's speaking here to SBS broadcaster Niv Sadrolodabaee.

Sweeping changes have been announced to Britain's controversial asylum system as polls show immigration has overtaken the economy as voters' top concern. The Labour government has been hardening its immigration policies as it seeks to stem the surging popularity of the populist Reform UK party, which has driven the immigration agenda and forced Labour to adopt a tougher line.

Just days after her party ditched its support of net zero emissions targets, federal Opposition Leader Sussan Ley talks to SBS Chief Political Correspondent Anna Henderson about that policy, immigration, and more in a lengthy one on one interview.

SBS Finance Editor Ricardo Gonçalves speaks with George Boubouras from K2 Asset Management Ltd about the day's market moves including how the US government shutdown will impact the US Federal Reserve's next interest rate decision, plus a preview of Nvidia's quarterly results.

The Coalition has formally solidified its dumping of the net zero emissions target in a party room meeting in Canberra. But it's gone much further, with the Liberals and Nationals unveiling a plan to strip climate change from the national energy regulator's list of objectives, while vowing to continue to reduce emissions by monitoring the progress of other countries.

In 2005, the Socceroos defeated Uruguay in Sydney, qualifying for the FIFA World Cup for the first time in 32 years. Twenty years later, two of the men that played a key role in securing the victory have reunited to recount the night few will ever forget.

Scientists in South Australia are asking the public to help count koalas - in a citizen science initiative that could have national implications.

This week a treaty between Victoria and the state's First Nations people became law. Victorian Premier Jacinta Allan, First Peoples' Assembly of Victoria co-chairs Ngarra Murray and Rueben Berg signed the treaty at a formal ceremony at Government House on Thursday morning. Kerri-Lee Barry from SBS' NITV Radio has spoken with UNSW Law & Justice Associate Professor, Dr Harry Hobbs, about the historic agreement.

The estimated global illegal trade in wildlife is estimated to be worth 32 billion dollars - and with so many rare species in Australia, the nation's animals are vulnerable to being targeted by black market traders. To mark the International Day for the Prevention of and Fight Against All Forms of Transnational Organised Crime, local researchers are working to expose, prevent and disrupt this industry which is having a devastating impact on ecology and industry.

Iran is experiencing an unprecedented water crisis, which has not been seen for more than six decades. Tehran, famous for its surrounding snowy mountains, has had no rain in over 200 days, and its main water sources are in a dire situation. Two major dams supplying the capital are at less than 10 per cent capacity.

A young volunteer for a football club in central Victoria has won the National Aboriginal and Torres Strait Islander (NATSI) Sports Awards this year. April Le Sueur has been volunteering at the Rumbalara Football and Netball Club in the Victorian town of Shepparton. She's also the AFL Young Leader of the Year.

Rising electricity prices are a major driver of headline inflation, putting pressure on households and Australia's 2.6 million small business owners. Some are beating the odds – here's how.

Australia's leaders remain circumspect about the terms of a security agreement with a key northern neighbour after finalising the deal with Indonesia's president. But Prime Minister Anthony Albanese says the deal commits the nations to consult regularly on matters of security, and consider possible measures should either's security be threatened.

The Venezuelan army is vowing to defend the nation as a 100 thousand tonne US warship is stationed in its waters. The aircraft carrier's deployment follows the US defence secretary announcing a new operation to counter drug trafficking in the western hemisphere. But there's concern about the legality of the US operations, and the truth of their allegations.

For the second straight year, emissions from fossil fuels rose by slightly more than one per cent. Scientists at the COP30 climate conference in Brazil say it's one of the smallest in recent non-pandemic years - but it means efforts to curb warming global temperatures by getting fossil fuel emissions to stop rising are still not meeting targets.

A fresh settler attack on a mosque in the occupied West Bank has drawn sharp international condemnation and intensified scrutiny of Israel's handling of rising violence in the territory. The arson and vandalism at Deir Istiya, which left Korans burned and hate-filled graffiti on the walls, comes amid warnings from the United Nations that such assaults risk fuelling a wider regional crisis.

Weeks out from Australia's world-first age restrictions being implemented, there are still plenty of questions about the platforms that will fall under the ban, the ones that won't and how companies are actually going to figure out users' ages at all. This week, Elfy and Rania chat about what we know so far and how it's all reflecting on the Albanese government right now.

It's been hailed as a moment centuries in the making: the signing of Australia's first ever state-wide treaty with Aboriginal people, described as something once thought impossible. The Australian-first treaty will take effect just before Christmas but will not be up and running until mid-2026. And for both sides signing the pact in Victoria, there's recognition of more hard work that needs to be done.

SBS Finance Editor Ricardo Gonçalves speaks with Xero CEO Sukhinder Singh Cassidy following the accounting software group's 42% rise in half-year profit to find out where growth is coming from and how it is using AI; Devika Shivadekar from RSM Australia goes through the better-than expected labour force report to explain what it means for interest rates; plus the market reaction with Zoran Kresovic from Blueberry Markets.

Typhoon Fung Wong leaves a vast trail of destruction in the Philippines, Syrian President Al-Sharaa shoots hoops before meeting Trump and Trump COPs it in Brazil. Also Zelenskyy under fire from corruption allegations, why AI is spreading Russian propaganda, and Bob Ross makes a splash.

The Liberal Party has voted to officially abandon its net zero by 2050 emissions reduction target, following a contentious internal meeting. This dramatic policy reversal, which will also seek to remove the target from the Climate Change Act, has triggered fierce internal debate among senior members and drawn criticism from the government and independents.

US House Democrats have released emails they say raise new questions about President Donald Trump's ties to Jeffrey Epstein and how much he knew about the financier's abuse of underage girls. The correspondence released by Democrats on the U-S House Oversight Committee consist of messages between Epstein, Ghislaine Maxwell and journalist Michael Wolff that directly name Mr Trump, and suggest he may have spent hours at Epstein's home with one of the victims.

Ukraine's President, Volodymyr Zelenskyy, has called for the removal of the nation's justice and energy ministers, amid a wide-reaching corruption scandal involving the state nuclear power company. One minister has submitted her resignation, the other has been suspended. Ukraine's anti-corruption agency has carried out a major investigation, involving alleged kickbacks worth around $100 million in the energy sector.

Assistant Minister for Climate Change Josh Wilson is Australia's highest-ranking official at COP30, now underway in Belem, Brazil. He's spoken with SBS Portuguese in a wide-ranging interview about the balance between the urgency and the opportunity that climate action represents, Australia's fossil fuel exports and renewable energy ambitions, and how COP can achieve results without USA and China. The Assistant Minister has also talked about Australia's continuing bid to host COP31, the absence of Prime Minister Anthony Albanese at this climate summit, and his response to the Liberals party room discussions on net zero.

SBS Finance Editor Ricardo Gonçalves speaks with Maree Kilroy from Oxford Economics Australia about the latest home loan data which shows lending to investors hit a record high to find out what it means for supply; plus James Gerrish from Market Parters takes a look at the day's market action and reveals what he's telling his clients.

A neo-Nazi demonstration outside New South Wales parliament has sent shockwaves through Sydney's Jewish and multicultural communities. The state government has been criticised after it was revealed the event proceeded with approval from the New South Wales Police. So how exactly was this neo-Nazi rally allowed to go ahead in the first place?

Indigenous leaders in the Amazon are urging leaders at the UN Climate Summit to empower First Nations people to protect their land and rainforests. As world leaders gather in the Amazonian city of Belem, pressure is on to go beyond words and ideas and start implementing meaningful policy.

A WARNING THAT THIS STORY CONTAINS GRAPHIC CONTENT At least twelve people have been killed and nearly thirty injured after a suicide bomber detonated explosives outside a district court in Islamabad. A faction of the Pakistani Taliban known as Jamaat-ul-Ahrar has claimed responsibility for the blast, which tore through one of the capital's busiest legal precincts.

Australia's biggest citizen science project and the world's largest week-long frog count is underway. The croaks, chirps and clicks of 1.3 million frogs have already been recorded through the FrogID app. The initiative, led by the Australian Museum has contributed to the discovery of 13 new Australian frog species, including four which were described as "new to science" in the past year.

On November 11, 1975, Australia experienced its most dramatic constitutional crisis when Governor-General Sir John Kerr dismissed Prime Minister Gough Whitlam 50 years ago. We examine the full story of the Dismissal, from the political deadlock and the Loans Affair to Prime Minister Anthony Albanese's recent claim of a "partisan political ambush" and new evidence suggesting foreign interference.

SBS Finance Editor Ricardo Gonçalves speaks with Westpac's Matt Hassan about a dramatic rise in consumer confidence, despite reaccelerating inflation and diminishing prospects of lower interest rates; plus the day on the sharemarket with Jamie Hannah from VanEck, including a closer look at the Commonwealth Bank's latest profit result.

US President Donald Trump is threatening to sue the BBC over allegations they edited a speech to make it seem like he incited violence from supporters ahead of the January 6th US Capitol riots. Following the resignation of two senior BBC bosses, analysts say the legal action is just the latest effort from Trump to silence his critics.